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**Bennycav** · 05-04-2008, 07:11 PM

Let It Ride

**BAMABOY** · 05-04-2008, 07:28 PM

I would hedge for guaranteed nickel payout or at least parlay amount wagered. Nice place to be ! Congrats ! and GL !

**SteinDallas** · 05-04-2008, 08:07 PM

I would bet 500.00 on The sharks they would pay you 600 so you would make 600 no matter who one the game tonight

**LVJimmy** · 05-04-2008, 08:10 PM

Originally posted by SteinDallas

I would bet 500.00 on The sharks they would pay you 600 so you would make 600 no matter who one the game tonight

perfect advice

**Tornado3311** · 05-04-2008, 08:13 PM

Looks like I'm going to hedge it and put 500 to win 625 on San Jose... Safe but smart I guess... new to sports betting but ive been lucky so far... hit 5 teamer for $1855 yesterday and now a 6 teamer...crazy but fun

I've got Sharks at +125... thanks for the help

**poskid** · 05-04-2008, 08:32 PM

Why are you hedging? if you dont have the bankroll to take the swing that the bet presents then why are you making it? This is -EV and a horrible gambling practice.

The only way that you should put money here on the other side of the line is if you feel that this side of the line now holds significant value.

Sorry if this gets in after your line closes but I think you should think about it and possibly refresh your gambling 1.0.1.

PK

**kbsooner21** · 05-04-2008, 09:24 PM

Originally posted by poskid

Why are you hedging? if you dont have the bankroll to take the swing that the bet presents then why are you making it? This is -EV and a horrible gambling practice.

The only way that you should put money here on the other side of the line is if you feel that this side of the line now holds significant value.

Sorry if this gets in after your line closes but I think you should think about it and possibly refresh your gambling 1.0.1.

PK

He's hedging cause he's smart. On an 80 dollar wager he's guaranteeing himself 600 bucks.

**LVJimmy** · 05-04-2008, 09:39 PM

Originally posted by kbsooner21

He's hedging cause he's smart. On an 80 dollar wager he's guaranteeing himself 600 bucks.

Seriously, $600 is $600...I'd love to have bets that are guaranteed to net me $600.

**poskid** · 05-04-2008, 10:00 PM

Originally posted by kbsooner21

He's hedging cause he's smart. On an 80 dollar wager he's guaranteeing himself 600 bucks.

making a negative bet is never "smart". Unless you are making bets that are out of your BR hedging for the sake of hedging is a bad practice.

If the stand alone line holds value than by all means hedge away because we have +ev for that bet alone. While we made a parlay that we felt was +ev on the opposite side of the line the standalone line or possibly movement may change that line to make it +ev to bet it as a stand alone.

Dont ever think that making a bet to guarantee money is "smart" simply because you like getting your money back on your bets. Without proper line analysis you may be throwing bad money after good.

Hedging gives you a guaranteed win while also making it so you cannot win the full amount.

PK

**savage1** · 05-04-2008, 11:37 PM

As a person who has gabled a long,long time and has bet a lot of parlays(too many if you get my drift), my own philosophy is instances where all pieces are in except the last one is to always hedge.
I always at the very least buy back what I invested in the parlay and depending on how I have bee doing buy back minimum of 25% to as much as 50% if I have been losing overall.
I think a good rule of thumb for anyone in this situation is to look at the parlay and the game remaining and try to think how you will feel with buying back different percentages of the parlay both if the particular last game wins and loses and then take it from there(in short what amount of money would you be satisfied with whether game wins or not).
Over the years I would guess that at least for me the last game has probably won a little bit more than it has lost, but I haven't kept actual records.
In short, I would say it depends on one's personality and approach as to what to do with the last game in question regarding how much to hedge if at all.

**MtrCtyPimp** · 05-04-2008, 11:46 PM

Never parlay games that dont overlap in time its a big mistake...all you are basically doing is letting the book hold your winnings.

Ask yourself in reality would you ever wager 1200 on a hockey game? If the answer is yes then let it ride and if not than collect your winnings....all 600 of it and then bet what you are comfortable betting on the game.

Parlays do not pay better odds folks...all the books are doing is keeping your winnings from previous bets and throwing it on the initial investment and rebetting it for you.

The first 5 legs all overlapped so that was a good parlay....Dallas should have never been included in the first place of this wager.

Im going to give some sound advice on this and do with it what you like but parlaying games that do not overlap is just not smart.

Ive always seen people also parlay baseball games together just for the sake of killing juice on one of their higher line plays...makes zero sense.

If you like a team say -170 and dont to risk 170 to win 100 then just bet what you want to risk and take whatever that pays and move on.

To get back on topic though just hedge it and try not to parlay games that do not overlap in time....it makes no sense

PEACE

**SteinDallas** · 05-05-2008, 12:27 AM

This Hockey game is One hell of a game it can go either way. Double OT i think taking the 625 was a very smart move this thing is a coin Flip right now and 625 in the pocket looks pretty good to me... if it was my parley

**Tornado3311** · 05-05-2008, 12:37 AM

well im enjoying the game and i have at least 600 coming to me either way.. thanks for the input from everyone... i just think san jose is a great road team and the best move for me was to grab the 600 ...whether correct or not

**savage1** · 05-05-2008, 09:42 AM

Originally posted by Tornado3311

well im enjoying the game and i have at least 600 coming to me either way.. thanks for the input from everyone... i just think san jose is a great road team and the best move for me was to grab the 600 ...whether correct or not

I think you made a great move and I would have done the same under the cisrcumstances.
In addition to what I said earlier, all I know is that I am sure that most of us have shared the helpless feelings we have when all games have won in the parlay and there is that one game remaining; you can't hedge because the last game has already started-what is worse then seeing the last game lose!
At least for me, many times(not always) when I do a parlay, I actually do choose a late game which starts after hopefully all of the games have ended so that I do have that opportunity to hedge if I am in the lucky position to ensure a profit.
Hedging a parlay is a wise decision;it is akin to having a big profit in a stock you purchased and then selling a portion of it to ensure a profit-sure the stock might go higher after you sell it, but it could also go lower-having the locked in profit and letting the rest of the ride seems to me and wise investors the way to do;granted parlays may be a little different, but a profit is a profit and that is what counts in either instance.

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